____ Sade Is Created Automatically by the Macro Resarder

question 53

Multiple Choice

____ sade is created automatically by the macro resarder.

• A) ABC
• B) VBA
• C) XTM
• D) RCC

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Definitions:

Realization Account

An account used in the process of dissolving a partnership or corporation, where the assets are converted into cash and liabilities are paid off.

Post-closing Account Balances

The balances of all ledger accounts after adjusting entries have been made and temporary accounts have been closed out at the end of an accounting period.

Non-cash Assets

Assets that are not in the form of cash or cannot be easily converted into cash, such as property, plant, and equipment.

Sale

A sale involves the exchange of a good or service for payment, constituting a basic, essential activity of any business.